St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-26
On the Chicago Board of Trade Affairs
Were Again Dull and Rather
- Uneventful.
The Local Speculative Element in Wheat
Still Content to Watch and
Wait.
Gable Advices Indicate Flat State OF
Matters in the Foreign
Markets.
Transactions in the Financial Circles
OF Wall Street-.GeneraI
Quotations.
Special to the Globe.

CHICAGO, March 2s.-Wheat was down very
early rhisymorning to s0%c for May. That
was where the clique houses stopped 1t the
other day, and this is the figure. it is said, the
Cincinnati people have set up rs limit OF
concessions they are willing to make to the
bears So far the conduct OF the market at
this point has bon ne out the gossip. When
Sole has been reached traders have appar-
entity butted themselves up against WALL
and sales of short wheat simply went into
some enormous NAV that did not seem to be
affected by the - quantity so long
as the quality was contract No.
. grade. May wheat touched SO1ac
to-day. just as it has done heretofore, and
bounded back instantly, just as it has done
heretofore. From sO}ac May wheat got BACK
10 S05sc. The limit was as difficult to break
through to-day as it was yesterday, or as 1t
was on Tuesday, or on any OF the other week
DAVIS when S0lac has been the low point for
the May option. Yesterday it looked as II
Hutchinson was the only one who defended
the point. On Tuesday it was plainly the
Cincinnati crowd. But whether it is CincIn-
nati or California, or Hutchinson. or some
body else, the market mas been heretofore SO
WE'LL PROTECTED
At this figure that the crowd is now certain
that there is method in IL. If once the figure
vas broken through the stability OF the
wheat clique would soon be put to the test.
:wo weeks May wheat has touched at Sic. To-
day, after hanging at S0A9S0ssc until noon,
George {. Walker Co., credited with being
one of the clique houses, bought about $780,
900 bushels of wheat. That put the May option
to SO7sc-not quite, however, to the regular
figure, sic. There are repGrts here now.
which are reiterating the tale ofg DAM
age. to winter wheat from the dry
March. c. J. Kershaw had a message
from Kansas City, which said that in Missouri
and Kansas the wheat was unqueStionaoly
suffering severely from the unena1npled dry
ness OF the month. Corn still drags along
near sec for May. The receipts were, good
deal less to-day than expected. but the falling
off was immediately followed by the e1piana-
ton that there was breakdown 0n1he CHR
cago, Burlington 4 Quincy ROAD. iwhSe hshad
thrown its corn out of the caleufatfonH 1ofiHsL
The estimates for tomorrow, howeTdEssaReM
that there will be big receipts Saturday, and
of course heavy receipts are looked for on
Monday and Tuesday. In provisions there
was not anything to gossip about.
THE ROUTINE REPORT.
CHICAGO, March 25-This proved to be an
other very dull day on change. The local
speculative element in wheat is still content
60 watch the market closely, without ,ventur-
ing ia the deal. The cable advices indicate
fiat foreign markets. The clearings from
three Atlantic ports aggregate 139, 200. while
the receipts at eleven points were 4l,000.
The market opened a shade easier, SOs4c for
May, and declined to S0Hc, rallied TO S07sc,
but gradually dropped Off again and closed at
about inside figures. Trading was very
limited in corn, and the market ruled easier.
May delivery fell off to 3s14c, but closed for
the day at about yesterdays figures. Oats
we're dull an6 featureless, while mess pork
remains pegged at $2l for. May and June de-
Everies of regular" Lard and short ribs
were quiet and unchanged.
The leading futures ranged. as follows:
Wheat-No. 2, March, opened at l514c. closing
at 75@751sc; May. S0s4c, closing lat 5000
S0ssc; Jnne, soc, closing at 7924@l91sc; July.
1870, closing at 1896. Corn--oNo.:2. March,
3414c. closing at 1890; May, $3.50, closing at
1890, closing at 411a0+1sse.. Oatsz-No. e,
March, 237sc, closing at 231sc; =Hay, zoe,
closing at2s5sc; June; 29c, closing at 2s5sc.
Mess pork, per barrel-March,, $50. so; closing
1t S20.Bes May. SCI, closing at SILL. June,
SIT tlesing at SCI. Lard, per 100 pounds
$685. Chasing at $7.35; June, $40, closing at
S7.42%. Short ribs per 100 pounds-March.
$7.s734. closing at $7.s21a; May, $7.971a, clos
ing at S1.95; June So, closing at. a$7.97H.
Cash quotations were as follows: Flour dull
and unchanged. Wheat--No. 2 spring. $50
Corn-No. 2, 3411s@s7c. Oats--No. p 2l@
5O%c. Flax seed, No. i. s1.os Z. Tlmothy seed.
prime, $l.7s. Mess pork, per .bbl, S20@
1925. Lard, per 100 lbs. $7.2135aa ~ Short ribs
sides, loose. s235; dry sailed shoulders boxed
$6G6.25; short clear sides. boxed, Ss.200s. 25
Whisky, dIstiilers' finished goods. per gal,
$l.1s.- Sugars-Cut loaf, e1x06ssc; granz
ulated, &c; standard A. 55sc. Re-
ceipts-F1our, $4,000 bbls; wheat, A.
600 blu; corn, 1SS,O0e blu; oats, 186, 600 blu {;
rye 1000 blu; barley, SO. 600 blu. Shipments
Flour, 81 200 bbls; wheat, 26, 900 blu: corn
100000 blu: oats. $4,000 bu: rye, 1000 bu;
barley, 1900 bu. On the produce exchange
to-day the butter market ruled easier: cream
cry, 24@3012c per ID; dairy, 2211a@27c. Eggs,
.lOlaG1llc. per doZ